TradeCard is Granted Patent in Singapore

New York, July 30, 2003. TradeCard Inc., the only end-to-end Financial Supply Chain service provider for global trade partners, today announced that TradeCard has been granted a patent in Singapore. On April 30, 2003 the Singapore Registrar of Patents issued a Certificate of Grant of Patent to TradeCard for its data compliance and settlement engine.

"Each patent that we receive proves the uniqueness of the TradeCard service," said Kurt Cavano, Chairman and CEO, TradeCard Inc. " The data compliance and settlement engine is a vital part of the TradeCard user experience and functionality and we view the patent as essential to differentiating and protecting our service from others."

The TradeCard Platform is now patented in the U.S., Taiwan, and Singapore, and is pending patent protection in additional countries and regions around the world, including Europe, where the European Patent Office recently notified TradeCard of its intention to grant TradeCard a European patent.

About TradeCard
TradeCard is the only end-to-end financial supply chain service provider that enables transparent commerce among global trade partners over an open, secure and neutral network. For the first time, buyers and sellers can manage transaction workflow with complete visibility into purchasing and financial transactions, from order to settlement, resulting in optimized cash flow and credit lines.

With TradeCard, global trading partners can realize unprecedented value from the financial supply chain including immediate cost savings, improved partner relationships and shortened trade cycles. TradeCard offers the most expansive network of extended trade services including export and vendor financing, payment assurance, money movement and inspection. This range of offerings makes TradeCard a proven alternative to traditional paper-based, expensive and labor-intensive trade settlement methods. Headquartered in New York City, TradeCard, Inc. has offices in the San Francisco Bay Area, Hong Kong, Taipei, Seoul and Tokyo. TradeCard is a registered trademark in the United States and elsewhere throughout the world. TradeCard is located online at www.tradecard.com.

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